Micron plunges as Piper Sandler downgrades, cites ‘oversized exposure’ to consumer

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Sundry Photography/iStock Editorial through Getty Pictures Micron Engineering (NASDAQ:MU) shares fell 8% on Friday as expenditure agency Piper Sandler downgraded the memory chip maker, citing its “outsized publicity” to consumer electronics. Analyst Severe Kumar decreased his rating on Micron (MU) shares to underweight from neutral and slashed his per-share rate […]